DOJ Seeks Forfeiture of $3.4M in USDT Tied to Ethereum Investment Scam

DOJ Seeks Forfeiture of $3.4M in USDT Tied to Ethereum Investment Scam

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Federal prosecutors in Massachusetts are pursuing the forfeiture of $3.44 million in USDT. This action is linked to an alleged text-based crypto investment fraud, which reportedly utilized the Ethereum network.

Federal prosecutors in Massachusetts have moved to forfeit 3.44 million USDT linked to an alleged text-based crypto investment fraud. The investigation suggests that the scam involved investments related to Ethereum.